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Question 2 Romney had 6,000 ordinary shares in issue on the 1 January 2020. On 1 April Romney issued 1,500 shares in a 1-for-4 rights
Question 2 Romney had 6,000 ordinary shares in issue on the 1 January 2020. On 1 April Romney issued 1,500 shares in a 1-for-4 rights issue at a price of 2.50 when the market price per share was 4. Romney's earnings for the year to 31 December 2020 is 1,200. Required: Calculate Romney's earnings per share for the year to 31 December 2020
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